During this down economy, there aren’t too many communities that can boast they just had their best sales tax year ever.
Woodland Park can.
“We’re kind of thinking if we’re doing this good when the economy is bad, look out when things turn around,” said Woodland Park Mayor Steve Randolph.
The city has issued 22 business licenses this [...] [...]
What difference does a year make?
When it comes to the Colorado Springs economy: very little.
At this time last year, the city was optimistic about the path forward. Fred Crowley, professor of economics at the University of Colorado at Colorado Springs and principal of the Southern Colorado Economic Forum, predicted steady recovery.
And he was right — [...] [...]
Most cities in Colorado believe their economic picture is improving, according to a survey by the Colorado Municipal League.
A total of 62 cities say their financial outlook is improving and have turned a corner. About 20 percent said their economy was flat while 8 percent said the economic picture was getting worse.
The CML survey also [...] [...]
Colorado Springs sales tax revenue is higher than it was this time last year and is on track to come in over budget by year’s end.
The city’s 2011 mid-year financial report shows sales and use tax revenue — which accounts for 80 percent of the general fund — was $36.5 million as of June 1. [...] [...]
by Nathan Rodriguez Published: November 12,2010
Tags: sales tax
Spurred at least in part by the suspension of certain exemptions, state sales tax revenues rose more than 8 percent in the second quarter compared to the previous year.
The Colorado Department of Revenue reports that sales tax revenue jumped to $461.5 million from $426.5 million the previous year. The suspension of exemptions on items ranging [...] [...]
by admin Published: March 15,2010
Tags: sales tax
Colorado's February general-fund tax receipts are 8.6 percent short of forecasts but 3.2 percent above the same period last year. [...]
Web retailers generally don’t have to charge sales taxes in states where they lack a store or some other physical presence, but a number of states aching under the weight of the recession are seeking a way around that rule.
Because companies like Amazon.com Inc. get help drumming up sales from online affiliates – people who [...] [...]